Anderson Cooper 360 Trump Attempts To Fire Fed Reserve Governor Lisa Cook
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Aug 27, 2025 President Trump's attempts to reshape the Federal Reserve spark debates about economic stability and political influence. Legal challenges against Fed officials raise alarms about independence. Meanwhile, rising active shooter hoaxes create panic on college campuses. In lighter news, the enchanting engagement of Taylor Swift and Travis Kelce captures the public's imagination, complete with a stylish reveal. These contrasting topics showcase a blend of serious political concerns and celebrity charm.
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Unprecedented Attempt To Oust A Fed Governor
- President Trump announced he tried to fire Fed Governor Lisa Cook, an unprecedented move in Fed history.
- Cook said he has no authority and she will not resign and will sue the administration.
Allegation Comes Via Criminal Referral
- The allegation against Cook stems from a criminal referral by William Pulte alleging mortgage fraud, not formal charges.
- Criminal referrals are not indictments, and Cook denies wrongdoing.
White House Pressure On Fed Leadership
- Trump is openly pressuring Fed Chair Jerome Powell over interest rates and has criticized him publicly.
- He frames Powell as 'Too Late' for not cutting rates fast enough and has suggested replacing Fed leadership.